Stocks to Watch for July 20, 2016
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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is getting ready to come out of a consolidation pattern. Over 24.25 this one could move fast.
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Ambarella Inc (NASDAQ:AMBA) price is displaying upside momentum again and is poised to move higher from these levels. If it breaks the $58.17 level it will absolutely fly into the 60's right away.
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Tesla Motors Inc (NASDAQ:TSLA) had a nice surge a few weeks ago and has been consolidating that move since then. Nearest resistance for the stock is at 230. If this level is crossed and the stock is able to sustain above this level, then it might go to 240. As long as the stock trades above the major EMAs the bullish trend is still intact.
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PepsiCo, Inc. (NYSE:PEP) is working the overbought conditions. There is a need for some profit taking for some consolidation from these high levels. Worth watching long above 110.
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Keep an eye on this bull flag on NVIDIA Corporation (NASDAQ:NVDA). I'm stalking this stock to see if it clears the 53.80 level.
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Tanzanian Royalty Exploration Corp (NYSEMKT:TRX) has been on fire the past few weeks and looks ready to make another upside move. The stock had a bullish momentum today, gaining more than 18% and closing at the highs of the session. Break out watch over 1.32
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
Labels: AMBA, NVDA, PEP, TRX, TSLA, VRX
